“We successfully launched GVP on the LSE in 2015. We look forward to
increasing the awareness of Gabelli’s unique offering across the United
Kingdom with this announcement,” noted GVP portfolio manager Robert D.
Leininger, CFA. “The Gabelli Value Plus+ Trust offers UK investors
access to Gabelli’s investment methodology, which has materially
outperformed the broad U.S. market since 1977,” said Mr. Leininger.

“We at Gabelli are active, bottom up, value investors, and seek real
capital appreciation (relative to inflation) over the long term,
regardless of market cycles. We achieve returns by investing in
businesses, utilizing our proprietary Private Market Value (“PMV”) with
a CatalystTM methodology. PMV is the value that we believe an
informed buyer would be willing to pay to acquire an entire company in a
private transaction. Our team arrives at a PMV valuation through the
rigorous assessment of fundamentals sourced from publicly available
information and judgement gained from our comprehensive knowledge of a
variety of sectors. We focus on the balance sheet, earnings, free cash
flow, and the management of companies. We are not index benchmarked, and
we construct portfolios agnostic of market capitalization and index
weightings. We have invested this way since 1977,” Mr. Leininger
continued.

Gabelli Funds currently manages fourteen closed-end funds in the U.S.
The firm has been an innovator in the field of closed-end funds dating
back to the initial public offering of the Gabelli Equity Trust in
August, 1986.

GAMCO Investors Inc., through its subsidiaries, manages private advisory
accounts (GAMCO Asset Management Inc.), mutual funds and closed-end
funds (Gabelli Funds, LLC). Gabelli has operated in London for more than
seventeen years under its division GAMCO UK. As of 31 March, 2017, GAMCO
had $41.4 billion in assets under management.

IMPORTANT DISCLAIMER

This is not an offer to sell any security nor is it a solicitation of an
offer to buy any security. Investors should consider the investment
objectives, risks, sales charges, and expenses of the Fund carefully
before investing. Past performance does not guarantee future results.

SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION

Our disclosure and analysis in the press release may contain some
forward-looking statements. Forward-looking statements present our
current expectations or forecasts of future events. In particular, these
include statements relating to future actions, future performance, and
financial results. Although we believe that we are basing our
expectations and beliefs on reasonable assumptions within the bounds of
what we currently know about our business and operations, there can be
no assurance that our actual results will not differ materially from
what we expect or believe.

RYE, N.Y.--(EON: Enhanced Online News)--GAMCO Investors, Inc. (“GAMCO”) (NYSE:GBL) today announced that it has entered into a license agreement with Precidian Investments LLC (“Precidian”) to suppo... more »